ACTIVE

M.A.S.H.

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Financial year 2022 · closed on 31/12/2022

Net result

39 k €

+174.0% YoY

Gross margin

63,6 k €

+245.6% YoY

Equity

219,8 k €

+21.6% YoY

What does M.A.S.H. do?

M.A.S.H. is a Public limited company incorporated in 1992. Its registered office is in Hamont-Achel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.958.758

Incorporation

17/12/1992

Legal form

Public limited company

Registered office

Lozenweg 45
3930 Hamont-Achel · FlandreSee on map

Contributed capital

450 000,00 €

Latest accounts

31/12/2022

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	63,6 k €	+246%	-43,7 k €	-626%	-6 k €	-113%	47,2 k €	+225%	14,5 k €	-24.3%	19,2 k €	+365%	4,1 k €	-85.9%	29,3 k €	+780%	-4,3 k €	-112%	34,9 k €	-30.9%	50,5 k €	+164%	19,1 k €	-45.8%	35,3 k €	-12.4%	40,3 k €	+104%	19,8 k €	+117%	9,1 k €	+878%	932,3 €
EBITDA	60,9 k €	+230%	-46,8 k €	-404%	-9,3 k €	-121%	45 k €	+299%	11,3 k €	-33.8%	17,1 k €	+387%	3,5 k €	-82.9%	20,5 k €	+495%	-5,2 k €	-116%	31,8 k €	-30.6%	45,9 k €	+228%	14 k €	-58.8%	33,9 k €	-9.8%	37,6 k €	+148%	15,2 k €	+162%	5,8 k €	+3462%	162,8 €
Operating result	51,4 k €	+189%	-57,6 k €	-200%	-19,2 k €	-162%	31,1 k €	+1808%	1,6 k €	-76.7%	7 k €	+202%	-6,8 k €	-169%	9,9 k €	+193%	-10,6 k €	-147%	22,7 k €	-38.2%	36,8 k €	+684%	4,7 k €	-81.2%	24,9 k €	-33.8%	37,6 k €	+148%	15,2 k €	+162%	5,8 k €	+3462%	162,8 €
Net result	39 k €	+174%	-52,7 k €	-273%	-14,1 k €	-146%	30,7 k €	+2710%	1,1 k €	-80.2%	5,5 k €	+180%	-6,9 k €	-166%	10,5 k €	+197%	-10,8 k €	-149%	22,3 k €	-38.0%	35,9 k €	+391%	-12,4 k €	-148%	25,8 k €	+208%	-23,9 k €	-261%	14,8 k €	+168%	5,5 k €	+178%	2 k €
Balance sheet
Equity	219,8 k €	+21.6%	180,8 k €	-22.6%	233,5 k €	-5.7%	247,6 k €	+14.1%	217 k €	+0.5%	215,9 k €	+2.6%	210,4 k €	-3.2%	217,3 k €	+5.1%	206,8 k €	-5.0%	217,7 k €	+11.4%	195,4 k €	+22.5%	159,5 k €	-7.2%	171,8 k €	+17.7%	146 k €	-14.1%	169,8 k €	+9.6%	155 k €	+3.7%	149,5 k €
Total assets	256,6 k €	+2.6%	250,1 k €	-13.9%	290,5 k €	+9.7%	264,8 k €	+21.7%	217,6 k €	+0.8%	215,9 k €	-6.6%	231,1 k €	-5.7%	245,1 k €	+3.8%	236,2 k €	-10.9%	265 k €	-2.9%	272,9 k €	+4.8%	260,4 k €	-6.6%	278,9 k €	-6.3%	297,5 k €	-26.7%	405,7 k €	-5.0%	427 k €	+0.6%	424,4 k €
Cash	16,9 k €	+396%	3,4 k €	+1380%	230,2 €		–		983 €	+19560%	5 €	-99.8%	2,4 k €	+12272%	19,6 €		0 €	-100%	14 k €	+300894%	4,7 €	0.0%	4,7 €	-12.4%	5,3 €	+705%	0,7 €		–		0 €	-100%	719,8 €
Debts	36,8 k €	-46.9%	69,3 k €	+152%	27,5 k €	+64.1%	16,8 k €	+2592%	623,2 €	+1143%	50,1 €	-99.8%	20,7 k €	-25.4%	27,8 k €	+14.4%	24,3 k €	-41.6%	41,6 k €	-45.4%	76,2 k €	-22.9%	98,8 k €	-6.9%	106,1 k €	-22.1%	136,2 k €	-38.5%	221,5 k €	-16.3%	264,5 k €	-3.2%	273,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 7 ended

Active mandates

Paul Johan Kwanten

Director · since 17 décembre 1992

Active

Ended mandates

LUDOVICUS JANSSENS

Director

Ended

MIREILLE SAUVAGE

Managing director

Ended

Paul Johan Kwanten

Mandate

Ended

Paul Johan Kwanten

Director

Ended

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2023	16/11/2022	24/09/2021	25/11/2020	05/10/2019	21/06/2018
General meeting	27/04/2023	28/04/2022	29/04/2021	30/04/2020	25/04/2019	26/04/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2022	27/04/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	28/04/2022	16/11/2022	Dutch	PDF
Micro model	31/12/2020	29/04/2021	24/09/2021	Dutch	PDF
Micro model	31/12/2019	30/04/2020	25/11/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	25/04/2019	05/10/2019	Dutch	PDF
Micro model	31/12/2018	25/04/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	26/04/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	12/04/2018	18/04/2018	Dutch	PDF
Abridged model	31/12/2015	28/04/2016	23/11/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	24/04/2014	31/03/2015	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	13/11/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	03/01/2013	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/01/2012	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	14/10/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	21/01/2010	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	20/11/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active · 7 ended

Active mandates

Paul Johan Kwanten

Director · since 17 décembre 1992

Active

Ended mandates

LUDOVICUS JANSSENS

Director

Ended

MIREILLE SAUVAGE

Managing director

Ended

Paul Johan Kwanten

Mandate

Ended

Paul Johan Kwanten

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/05/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Court decision06/03/2002
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2022
Annual accounts 202239 k €↑
2021
Annual accounts 2021-52,7 k €↓
2020
Annual accounts 2020-14,1 k €↓
2019
Annual accounts 201930,7 k €↑
2018
Annual accounts 20181,1 k €↓
2017
Annual accounts 20175,5 k €↑
2016
Annual accounts 2016-6,9 k €↓
2015
Annual accounts 201510,5 k €↑
2014
Annual accounts 2014-10,8 k €↓
2013
Annual accounts 201322,3 k €↓
2012
Annual accounts 201235,9 k €↑
2011
Annual accounts 2011-12,4 k €↓
2010
Annual accounts 201025,8 k €↑
2009
Annual accounts 2009-23,9 k €↓
2008
Annual accounts 200814,8 k €↑
2007
Annual accounts 20075,5 k €↑
2006
Annual accounts 20062 k €
17/12/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

M.A.S.H.

Overview

What does M.A.S.H. do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline